Islamabad: The dollar continued its relentless upward march against the rupee on Monday with the greenback gaining Rs4.25 in interbank trade. According to the Forex Association of Pakistan, the dollar was trading at a record Rs216 against the local currency at 3:12pm, up Rs5, or 2.4 per cent, from Friday’s close of Rs210.95. The dollar eventually closed at Rs215.2, with the local currency depreciating 1.97pc, according to data shared by the State Bank of Pakistan (SBP). Similarly, the price of the euro was increased by Rs7.66 and closed at Rs218.23 against the previous day’s closing of Rs211.57. The exchange rates of Emirates Dirham and Saudi Riyal increased by Rs1.12 to close at Rs58.58 and Rs57.30 respectively.
